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Search Results 0 to 23 of about 24 (some duplicates have been removed)
, washington hasn't made much progress to avoid it. that was the assessment from one of those directly involved: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics
cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend. this, as treasury secretary timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with app update on all of this. tracie, good morning to you. >> reporter: lynn, not quite empty. a lot of lawmakers on a long weekend break. take a look at some of the frustrated constituents they'll face. a protest in baltimore over social security, not the check but the jobs. the people who work in the offices who fear there could be super long lines for taxpayers if, in fact, their jobs are cut in all of this. so where do we stand today? there's a hearing today on capitol hill. the joint economic committee hearing on what can be done for the fiscal cliff. treasury secretary timothy geithner says the administration is willing to go over the cliff, let taxes go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've learned, president obama and house speaker j
. this weekend i welcome dan savidge to talk about guy marriage in washington. >>> right now, the syrian military is prepared to use nerve weapons against its own people. will this guy give that order? new details ahead. >>> president obama remains firm that the wealthy must pay more. a few republicans are joining him. pipa visits sister kate. >>> the $8 million man and nasa's high res look at you on our planet earth. good morning, everyone. i'm lynn berry. this week president obama puts syrian leader bahsar al assad on notice about the use of chemical weapons. and now we know why. pentagon sources tell nbc news that syria is preparing chemical weapons for the possible use against the military people in the form of aerial bombs. jim miklaszewski reports. >> reporter: as the fighting grows more intense and syrian rebels close in on damascus, the syrian regime has turned increasingly desperate. u.s. officials tell nbc news the syrian military loaded the precursor chemicals for sarn nerve gas into aerial bombs. that could be dropped from dozens of syrian fighter bombers. this week u.s. intelligence
that reflects conservative ideas. match that with the researchers in washington that to the policy work for heritage. connell: i think a lot of people will hear or read about this today and think about the conversation we have been having about the future of the republican party. does the tea party still have, you know, lindsey graham just put a statement out saying he is very disappointed that demint is leaving. the conservative movement lost a strong voice. he will do a great job at heritage. is this part of that story? >> i think senator demint believes that the republican message going into the election was a strong one. it just simply was not well articulated. i agree with senator demint. i do not believe that the republican party has to transform its position and become more moderate. take an idea like economic growth. the difference between 2% growth and 3.5% is a different like night and day. senator demint told me he started his career as a market researcher and advertising. he knows how to communicate with people. he became very frustrated sitting in the senate failing to do a
's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what everybody wants. does matter, believe he, i mean what's going to happen if we do nothing except keep things exacthe they are now, and just vote to undo the cliff. they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that -- when our credit rating got downgraded last summer. well, bonds went up in price and down in-year-old. -- in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are. and we're not going to cut entitlements because we know if we don't cut taxes, the republicans will go along with their no tax p
stocking. higher taxes, lawmakers and president obama have left washington for christmas with no deal on tax hikes and spending cuts set to go in effect after the first of the year. brianna keilar is live in hawaii where the president is spending the christmas holiday. brianna, the president maybe a little too optimistic that a deal can be reached? aloha, by the way. >> he did say last night that he is a hopeless optimist that something can get done, but what we know, it's not going to be that big package, obviously of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to
-- facebook page. the american people get it. washington is addicted to spending someone else's money. the house has passed two bills that would avert the fiscal cliff. in august to pass a bipartisan bill. the house passed legislation to avoid sequestration by cutting spending. our plan is to take your calls and hear from you over twitter, and to wait it out, to wait and hear what we hear from capitol hill. our cameras are on capitol hill and we hope to be able to give you some coverage of briefings happening on the hill. so far, the house is out and the senate will be out shortly once they finish this series of votes. and it was 12:15 eastern, writing a major setback in fiscal cliff talks. you may have heard sheila jackson lee question this. that negotiations between harry reid and mitch mcconnell suffered a major setback after republicans demanded the inclusion of a new method for calculating benefits for the package. change came from progressives to result in lower payments. part of the current negotiations on the scale down deal, they say that they gave ground on other issues, inc
. >>> all of the rain has been falling in the pacific northwest is causing big problems in washington state now. soggy hillsides are giving way n. one case a mud slide caused a train derailment. amtrak trains running north of seattle have been canceled at least through tomorrow. >>> it's 5:11. we may not have rain problems like that but we will be getting cooler as we head towards the official start of winter. that's happening friday. details next at 5:15 and howard's seven-day forecast unless the world ends before then. >> coming up at 5:30, after newtown at least one area lawmaker says it is time to rethink gun control. >>> ahead at 5:50, we'll get a preview of the 23rd annual washington jewish film festival. we'll be right back. >>> welcome back to 9news now on this tuesday morning at 5:14. howard says it's going to be an improving day. >> much better than yesterday. tomorrow the pick of the week. the trend is our friend right now. then by the end of the week, we talked about winter beginning friday. that's 6:12 in the morning. almost on schedule, the colder air will be pouring in our di
, they're going to make a deal in washington. i lived inside the beltway, have a pretty good network inside the beltway. cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer sta
states well above 2%. is anything that is happening in washington right now going to contribute? not at all. connell: you might as well come up with something. just make the most of it and move on. >> i would like to see the so questioner. it would show the united states can reduce spending. i think it would have a very positive affect. i do not think it reduces spending enough that it would have any real material effect on the economy. all right, dan, thank you very much. good stuff. talk about this number. 3.1%. on the surface, just look at that, that is not bad. john riding is here now to say that recession is, believe it or not, not off the table. >> absolutely. only if we go over the cliff in 2013. i am not worried about the spending side. it is the hundred billion dollars. it is the tax side that is the real issue. the economy is growing at two. we cannot make that. connell: we will talk about housing a little bit later. >> these are all good numbers. if you give the economy a chance, we could have that growth in 2013. connell: if you give the economy a chance. patch is ba
of voters passed are for rent of 74 proving same-sex marriage. washington joins several other states which now allowed a lead vehicle is the way. >> regression use of marijuana is officially illegal in the state of washington. last night under the people gathered on the space needle for new year's eve style countdown when the measure to the fact. they cheered and lit a joint in unison. public use of marijuana is still bad and selling it is still climb but the police say they'll only issue verbal warnings until further notice. national political figures are point out that smoking pot is still a federal crime. >> a storm drain under the road in lafayette failed to open up a giant hole. the workers had to widen the whole by 10 ft. to place everett support the boulders on top. officials fear soil erosion could push up the story request creek possibly leading to flooding of nearby homes with another storm hit. the road could be close for the entire winter, as crews figure out a plan to replace the drag. >> in the wake of last weekend's rain all of the soap groundings trees are still falling dow
from the hospital where lane is recovering. >>> recreational use of marijuana is illegal in washington state. this is after the new law took effect at midnight. technically, it's not legal to smoke pot in public. >> you also want grow or sell marijuana -- you also cannot grow or sell marijuana. >> congratulations. >> thank you so much. >> that couple there, they've been together for 5 years. now it is legal for same-sex couples to get married in washington. they were in dozens more -- they and dozens more lined up outside of the administration. >>> it is 7:33. repair work is expected to begin today on highway 1 alook the sonoma coast where rainy weather caused a slide forcing a close between meyers grade and timber. a detour is in place on valley ford food between petaluma and bodega bay. >> i'm not gonna take a chance torren the car. it happens every year. everybody out here is used to to it -- used to it. >> drivers should allow for extra time because of the detour. >>> residents in la honda, you have to cut back on your water use for the next couple of days. the department of public
sweaters. >> we are also talking about as julia was commencing there the fiscal cliff now what washington the gridlock means i think it's most telling because what senator matt baucus from montana said we have 31 days left yet. we are not near a deal yet. we can't expect any sort of a deal with any weeks before christmas i would think. >> the big knock on the president through the this process has been a failure to lead. i think one that sticks rather well. because, instead of sitting down with john boehner. instead of trying to hash something out. he is out there again campaigning, gives speeches, instead of being the one that sits down and gets this deal down. here is the president on again what appears to be the campaign trail yesterday in pennsylvania. >> santa delivers everywhere, i have been keeping my own naughty and nice list for washington. >> [ laughter ] >> you should keep your eye hun gets some connects this year. some members of congress who get them and some who don't. i'm ready to sign it. there are no shortage of pens in the white house. and i carry one around for an emerg
of washington. dozens of gay and lesbians got in line to pick up marriage licenses at the county courthouse of every in seattle. governors signed the measure into law yesterday. the state has a three-day waiting period. so the earliest weddings could take place over the weekend on sunday. >>> the feds are targeting a baby recliner maker after five babies died using the product. this is a new model of the nap nanny called the chill. the cpsc says the device poses substantial risk of injury and in some cases death to babies. the first two versions of the nap nanny were recalled after four deaths. the commission says it has received more than 70 reports of children nearly falling out of those recliners. >>> it's 6:20 right now. who has just been named head coach at cal. >> and it's an 18-foot fadeaway a buzzer beater that earned our play of the day. we have it coming up. >> very stormy weather around the bay area. lots of snow though in the high country if you have to get up there to ski, here's the snow report. more on your weather coming up. ,,,, at bank of america, we're continuing to lend
$632 for our price, the kennedy half dollars in this collection are basis the washington quarters are $119 on the set on in quebec when bases, susan b. anthony collection are $30.and let me explain to you but this is. you will get a united government issue and said and what it is let me get these outa collection of coins and this is just a clear and here, it is hard but this shot is spectacular but it is all of the uncirculated coins this is one year and this is 1980, this is of the brilliant uncirculated coins . you're about 75ยข a coin and there are three susan b. anthony and this collection 1983 susan b. anthony. there is also 1979 susan b. hatch is what you will happen here we have $42 worth+ susan b. anthony brilliant uncirculated. the man goes in and circulated as well.% you look of those civil get all of the kennedy half dollars in you will get 20 years, 40acts because the chair has philadelphia mint and memory, 68 and 69. [reading] you will get in here6 c13 me go here, 1976 and up and get into this at but how about to eisenhower dollars that you will happen here. i do th
on in town. in washington news, both parties hinting at renewed talks on the fiscal cliff. the acknowledgement of open lines of communication passed for encouraging news. a new survey finds more than 60% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, s
joins us via skype from washington, d.c. you said there's two words we are not likely to hear and we haven't heard in any of this fiscal cliff debate. >> reporter: yeah, balanced budget. in all of the talks we've heard about the fiscal cliff, we've heard about balance and new tax revenue. but we don't hear balanced a budget. i think -- balanced budget. i think this speaks to how bad the situation is in the federal government when both parties don'tage knowledge that. as for -- don't acknowledge that. as for what's going on, just downstairs from me, speaker boehner started throwing cold water on any report that the talks were moving ahead. yes, there have been an exchange of offers. he said the last couple of days, but he said his phone call last night was a frank discussion about just how far apart they are. with 19 days left until the deadline or nine days until the end of the world, if you are look at the mine cardinal, nobody knows which way -- calendar, nobody knows which way we are headed. >> isn't this part of the we're so far apart publicly. but suddenly, they will announce mi
as washington welcomes a high-level chinese delegation led by the vice premier. his team is in the u.s. to talk trade and economy. he's expected to meet with u.s. treasury secretary tim geithner tomorrow. wang is the first official from the new leadership team to visit with the u.s. for more on the impact and implications of this, let's speak with frank ching, adjunct associate professor at the chinese university of hong kong. frank, hi. the first news that we're getting out of this appears to be more import duties s. this going to be the theme of u.s./china relations, or do you expect these meetings to be more of a thaw? >> well, i think that these are the first meetings since the new leadership in china was installed. and since president obama saw -- well, won second term. i think both sides want to make use of this occasion to improve their relationship. so this joint annual meeting is a platform, and i think that they will probably be able to achieve some progress on issues of concern to both sides. but i don't see any sweeping changes. >> what's interesting, frank, and you point this out,
, remember, they had a plot to murder the saudi ambassador right here in washington. and so when i look at the threat, it's not only this horrible prospect of what would happen to the world if they got a nuclear weapon, but it's what they do every day to try to project their aggressive image and attempt to, you know, influence the world. >> bill and hillary clinton are nothing if not political animals. who knows where the world or the country will be in four years? but it's hard to imagine that if history calls hillary clinton not only to be the first female president, but to be the first husband and wife to ever serve as president and then to maintain democratic control on capitol hill, can you imagine hillary clinton of all people not answering that phone call from history? it's just hard to imagine. >> when she was pressed, she said she would be concerned about her age. she would be 77 years old if she were to be in office two terms. but she has been traveling. she spent the equivalent of a year on the plane. >> just to show you how people are thinking ahead, newt gingrich gave a ver
Search Results 0 to 23 of about 24 (some duplicates have been removed)